We provide a set of tools designed to contribute to making a measurable impact and help tackle social or environmental challenges through philanthropy. We offer solutions for the establishment and management of a client's charitable structure. These solutions may include input into the governance framework and services relating to investment strategy and asset management. Our client foundation offering provides an alternative for clients to creating a charitable foundation of their own.
Philanthropy and client foundations
We work with our clients to help them incorporate their personal values and objectives in their philanthropic strategy. We can also create subfoundations for them under one of Credit Suisse's umbrella charitable foundations. In this way, we seek to help them make a greater and sustainable social impact in the areas that are important for them.
Credit Suisse Client Foundations
The umbrella foundations Accentus, Empiris and Symphasis in Switzerland and SymAsia in Singapore provide solutions for Credit Suisse clients who wish to use part of their wealth to benefit social causes. Founders have the option of establishing an individual subfoundation during their lifetime or after their death and can freely determine the name, purpose and mode of distribution. By being part of the grants committee, they are able to participate in the selection of supported charitable undertakings. Since the creation of the client foundations Accentus, Empiris and Symphasis, around 3,000 charitable projects have been supported, with around CHF 130 million distributed. In Singapore, SymAsia has gifted around USD 74 million since it was founded in 2010. As Credit Suisse assumes the foundations' administration and management costs, the great majority of the donations goes directly towards helping worthwhile causes.
The Accentus Foundation was set up in 2000. The charitable foundation promotes social, humanitarian, cultural, medical, environmental and other charitable causes. The following is a selection of its existing funds:
The Empiris Foundation was established in 2002 with the aim of supporting projects in research, science and education. The following is a selection of its existing funds:
The Symphasis Foundation, founded in 2002, supports and finances charities committed to social, humanitarian or environmental causes, culture, health and sports. The following is a selection of its existing funds:
SymAsia Foundation Ltd was established in 2010 as a company limited by guarantee with Credit Suisse as the sole subscriber. Via the SymAsia platform, donors may set up their own foundations and direct giving to charitable causes/organizations worldwide. SymAsia will disburse funds as directed. SymaAsia is managed by a professional Credit Suisse team and governed by an independent Board of Directors. SymAsia has partnered with donors to support and promote their charitable causes. Two examples are described in more detail below.